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NORTHERN BORDER PIPELINE COMPANY CAPACITY RELEASE BID AGREEMENT This Capacity Release Bid Agreement is made and entered into at Omaha, Nebraska as of, 20, by and between NORTHERN BORDER PIPELINE COMPANY,
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How to fill out this capacity release bid

How to Fill Out This Capacity Release Bid:
01
Begin by carefully reviewing all instructions and guidelines provided for the capacity release bid. Make sure you understand the terms and conditions mentioned.
02
Gather all necessary information and documents required for filling out the bid. This may include details about the capacity being released, the duration of the release, and any specific requirements from the releasing party.
03
Start filling out the capacity release bid form or template provided. Pay attention to each section and provide accurate information as requested.
04
Include your contact information, including your name, company name, address, phone number, and email address. This will help the releasing party to easily reach out to you if needed.
05
Provide a clear and concise description of the capacity you are looking to release. This could include details about the volume, the time period, and any specific terms or conditions associated with the release.
06
Specify the desired contract term for the capacity release bid. This could be the duration for which you are looking to release the capacity, whether it's a short-term or long-term release.
07
Determine the reservation rate or minimum price you are expecting for the released capacity. Include this information in the bid, taking into account any applicable market conditions or requirements set by the releasing party.
08
Include any additional relevant information or terms that you would like the releasing party to consider. This could be related to the flexibility of the release, any restrictions on the capacity usage, or any specific terms and conditions you would like to propose.
09
Review the completed capacity release bid form for accuracy, clarity, and completeness. Make any necessary edits or modifications before submitting it to the releasing party.
10
Submit the capacity release bid as per the instructions provided by the releasing party. Ensure that you meet any specified deadlines or submission requirements.
Who Needs This Capacity Release Bid:
01
Energy providers or suppliers who have surplus capacity and wish to release it to the market.
02
Companies or organizations in need of additional capacity to meet their energy demands.
03
Market participants looking to take advantage of available capacity for short-term or long-term purposes.
04
Businesses involved in energy trading or those looking to optimize their portfolio by accessing additional capacity options.
05
Any entity interested in participating in capacity release markets to take advantage of market dynamics or fill specific operational needs.
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What is this capacity release bid?
This capacity release bid is a process where a firm sells or releases some or all of its contracted capacity in a pipeline to another party.
Who is required to file this capacity release bid?
The firm that holds the contracted capacity in the pipeline is required to file this capacity release bid.
How to fill out this capacity release bid?
The capacity release bid can be filled out online through the designated platform provided by the pipeline operator.
What is the purpose of this capacity release bid?
The purpose of this capacity release bid is to allow for more flexibility and efficiency in the utilization of pipeline capacity.
What information must be reported on this capacity release bid?
The capacity release bid must include details such as the quantity of capacity being released, the duration of the release, and the terms of the agreement.
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